Housing Market on Track to Beat Last Year’s Success

by Laura Baliestiero | Sep 28, 2020 | Buyers & Sellers, Housing Market Updates

Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as though the...

Home Builder Confidence Hits All-Time Record

by Laura Baliestiero | Sep 23, 2020 | Housing Market Updates, Move-Up Buyers, Seller

Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index gauges builder perceptions of current single-family home sales and sale...

Is the Economic Recovery Beating All Projections?

by Laura Baliestiero | Sep 21, 2020 | Buyers & Sellers, Housing Market Updates

Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago. Six months...

Homes Across the Country Are Selling Fast [INFOGRAPHIC]

by Laura Baliestiero | Sep 18, 2020 | Housing Market Updates, Infographic, Seller

Some Highlights Buyers are actively searching for and purchasing homes at a record-breaking pace. According to the latest report from the National Association of Realtors (NAR), in July, 68% of homes were on the market for less than a month. With homes moving from...

How Low Inventory May Impact the Housing Market This Fall

by Laura Baliestiero | Sep 17, 2020 | Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing, Seller

Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale. Buyers are actively searching for and purchasing homes,...

The Surging Real Estate Market Continues to Climb

by Laura Baliestiero | Sep 16, 2020 | Buyers & Sellers, Housing Market Updates

Earlier this year, realtor.com announced the release of the Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry by...